Even in Japan, Inflation Begins to Rage after 23 Years of True Price Stability by Wolf Richter • Sep 20, 2022 • 54 Comments Bank of Japan lets yen go to heck, trade deficit blows out, costs surge for manufacturers, prices surge for consumers.
To Halt Yen’s Plunge, Japan Gets Ready to Sell Foreign Exchange Reserves Instead of Hiking Interest Rates. Won’t Work for Long. Markets Can Win this Battle by Wolf Richter • Sep 14, 2022 • 102 Comments Rate hikes to keep up with the Fed would work. But the Bank of Japan still digs in its heels. Its balance sheet has shrunk for months though.
SoftBank Lost $39 Billion in 6 Months, Wiping Out the Bubble Gains of the Vision Funds Since 2017: Easy Come, Easy Go by Wolf Richter • Aug 8, 2022 • 98 Comments Now trying to avoid “a blow that would be irreversible.”
Bank of Japan’s Assets Drop for 2nd Month in a Row by Wolf Richter • Jul 6, 2022 • 81 Comments Possibly confusing to folks in the US financial media that in recent months had hyped some new QE by the BOJ.
Inflation Comes to Japan, amid Plunging Yen, Inflation Subsidies. Bank of Japan Blows it Off as “Transitory,” Throws Yen under Bus by Wolf Richter • May 20, 2022 • 141 Comments The Japanese people are not amused.
Bank of Japan’s Mind Game: Massive Bond Buys to Cap 10-Year Yield? Didn’t Happen. Bond Holdings Actually Fell. But it Worked by Wolf Richter • Apr 7, 2022 • 54 Comments Maybe the BoJ doesn’t want to totally crush the yen?
End of Easy Money: Monstrous Money-Printer Bank of Japan Stops Printing Money, Cuts Government Securities Below July 2020 Level by Wolf Richter • Jan 5, 2022 • 87 Comments Its much-hyped but minuscule stock ETF holdings are on ice too.
Monstrous Money Printer Bank of Japan Stopped Printing Money, Started Unloading Government Securities by Wolf Richter • Nov 3, 2021 • 89 Comments Nikkei 225 is flat with February, when the BoJ started unloading government securities.
One of the Biggest Money Printers, the BoJ, Stopped Printing Money by Wolf Richter • Oct 8, 2021 • 147 Comments All eyes are on the Fed, which will follow. ECB also getting nervous. Other central banks are way ahead.
The Process of Ending Massive Money Printing Has Started by Wolf Richter • Sep 9, 2021 • 261 Comments ECB second giant to taper. Bank of Japan already ended QE. Bank of Canada shed 15% of assets. UK, Australia are tapering. New Zealand quit cold turkey
